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Share Name Share Symbol Market Type Share ISIN Share Description
Stm Group Plc LSE:STM London Ordinary Share IM00B1S9KY98 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 26.00 25.00 27.00 26.00 26.00 26.00 3,600 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 22.4 1.2 2.9 8.8 15

Stm Share Discussion Threads

Showing 1276 to 1299 of 1375 messages
Chat Pages: 55  54  53  52  51  50  49  48  47  46  45  44  Older
DateSubjectAuthorDiscuss
25/5/2022
16:56
Yes it is concerning isn't it. I don't mind if the results are poor as long as they actually have that cash they claim. If they and we have been defrauded then the whole rationale for holding these shares is shot.
arthur_lame_stocks
25/5/2022
16:36
So still no news from STM on the postponed final results for 2021. It can't be good news, something untoward must be up for their announcement to be delayed as it was at the last minute, then no further news for 8 weeks so far and counting. The auditors requiring extra time seems less plausible the more the silence drags on, surely they've finalised the audit by now.
lundun42
13/5/2022
18:18
I still maintain being a NED can be beneficial to the main employer and a lot depends on the circumstances.

A new director has taken up a new NED post and the main function of preparing annual accounts has been significantly delayed without an apparent good reason. The question has to be asked of the board and an answer given.

camerongd53
13/5/2022
12:53
I agree with the posts that are against the CFO having an NED job elsewhere in addition.

Being a NED can be a busy workload imo.
Most companies have problems or special projects going on or re-structuring etc etc & need input from the NEDs.

and NEDs get paid tens of thousands of pnds. One assumes that they have to do some work for it, not just turn up at board meeting & nod politely !!

smithie6
12/5/2022
09:40
So six weeks now since STM announced a postponement of their final results and no update since. When looking back over their 2021 news it doesn't appear to have been a particularly complex year of business change even when the disposals of their trusts businesses are taken into account, so what could be holding things up with the auditors I wonder? A cynic might think that they've unearthed something untoward the longer the delay continues but in any event the continued uncertainty isn't helping move the share price in the right direction. Here's hoping there's some positive news soon.
lundun42
10/5/2022
15:50
CGD53 - Understand. However in cases where a company agrees to a full time executive director taking on an outside NED'ship, isn't it common for the employer to limit it to one external role but it seems to be at least two others here in the case of the STM CFO. If a NED role requires 1-2 days per month minimum, with two positions that's potentially up to 25% of each working month spent elsewhere rather than on the day job. That's why, if the STM CFO job is supposed to be full time, then shouldn't STM be reducing the CFO compensation accordingly or have the NED fees paid to STM. Otherwise wouldn't we all want a job where you're paid twice for the same time! :)
rsymes6
09/5/2022
15:22
RS - Accepted
but by being an NED elsewhere, you obtain additional understanding of business etc outside STM. Its hard to put a value on that!!
If it doesn't affect her meeting the requirements of her post in STM, I am quite relaxed about her being a NED elsewhere.

camerongd53
09/5/2022
13:23
Google informs us that STMs CFO is taking up another NED role elsewhere, her second such role at this time. Presumably STM is discounting her full time salary or else she's passing on her ned fees to her employer. I wonder if this is wise, shouldn't she be 100% focused on the day job and getting the delayed STM final results out?
rsymes6
03/5/2022
12:26
Maybe because they're not growing and market can't see any upside? 21 vs 20 - Forecast lower revenues & lower PBT. Perhaps we'll see a cut in the dividend as well so 7% yield won't last.
lundun42
03/5/2022
08:43
Why with such good ratios is the share price going down
welsheagle
02/5/2022
10:46
Superficially, these look good, and I have a long term holding for income. The chart looks dire, though.

Stocko value: 90 (No screens passed)

PE Ratio (f)
6.8
PEG Ratio (f)
0.2
EPS Growth (f)
42.3%
Dividend Yield (f)
7.20%

brucie5
01/5/2022
22:41
Not a holder either but they've popped up on my radar particularly with the low share price now. I think their final result delays/audit sign-offs are unusual so not sure I'll be tempted until some clarity emerges around the reasons why. But my interest has been piqued so about to read up what I can about STM. A quick skim through the comments here has been interesting so far.
rsymes6
29/4/2022
10:11
Thanks, I guess they are not alone with these auditor delays......
chrisdgb
29/4/2022
10:06
It may be concerns over the delayed results and that there are problems getting sign off by the auditor. I'm holding and as long as that cash really does exist i'm happy to do so.
arthur_lame_stocks
29/4/2022
09:51
Not a holder but been tempted several times, any fresh thoughts on current weakness..?
chrisdgb
25/3/2022
11:08
Apologies my mistake
camerongd53
25/3/2022
09:47
Camerongd53 - 1st March? Previous RNS shows that company announced her appointment as from 1st October 2021 so the new FD has been in post now for almost 6 months...
lundun42
25/3/2022
09:08
I noted in the RNS that there is no expected change in the projected results which is reassuring.

I suspect it may be due to the change of finance ddirector who took up her post on1 March - should be october

camerongd53
24/3/2022
14:01
Today STM announced a delay to final results. Auditors need more time apparently. I'm not sure that's ever a good sign!

Also I see that they parted company with their Malta pensions business MD early last month with one press article stating "Schembri’s resignation comes two months after STM Malta Trust Company – now STM Malta Pension Services – lost two appeals and was ordered to compensate two former clients of Continental Wealth Management (CWM)".

The STM website still shows her as MD for Malta - working her notice?

lundun42
23/3/2022
18:35
I see Peter Gyllenhammar has increased his stake in LPA, i'm a bit surprised he hasn't come back into the market for these at this low price. Maybe he has all the shares he wants.
arthur_lame_stocks
25/1/2022
17:42
It is cheap because it is searching for growth.
russman
25/1/2022
12:04
It's not difficult to see why.

Acc to my calcs, NAV is 59.4pps, NTAV is 25.6pps and the "Ben Graham" value (current assets less all liabilities) is 21pps. When you look at average eps for the last 5 years, it's 4.84pps, so taking out the effective cash, they're on a historic P/E of <2 at 30pps.

I know things aren't that simple of course, mainly due to capital requirements "the total regulatory capital requirement across the Group as at 30 June 2021 is £16.9 million." but the 40-50pps range of 2019 would seem to be a more reasonable valuation.

boystown
25/1/2022
11:24
Executive summary :Peter Gyllenhammar has increased his voting rights to over 9%, which I view as a significant vote of confidence in the company.
paulboz
25/1/2022
10:53
https://www.investegate.co.uk/stm-group-plc--stm-/rns/holding-s--in-company/202201251031315614Z/
cwa1
Chat Pages: 55  54  53  52  51  50  49  48  47  46  45  44  Older
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